Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended flat on Wednesday as investors followed cautious stance.
The turnover of Dhaka Stock Exchange, the prime bourse of Bangladesh, dipped below 4.0 billion-mark again.
traded 7.60 million shares and mutual fund units with a value of BDT 239.42 million.
On the other hand, Chittagong Stock Exchange, the port city bourse of the country, traded shares and mutual fund units worth at BDT 239.42 million.
The key index of DSE gained 0.32 while Selective Categories Index of CSE earned 2.90 points at closing on Wednesday, the fourth session of the week.
The benchmark index of the Dhaka Stock Exchange (DSE) settled at 4,496.68 points after gaining 0.32 point after witnessing volatility almost throughout the session.
However, the DS30 index, comprising blue chips, fell 1.57 points or 0.09 percent to end at 1,706.33.
The DSE Shariah Index (DSES) shed 1.41 points or 0.13 percent to finish at 1,081.98.
DSE turnover dropped to BDT 3.47 billion, which was 13.68 percent lower than the previous day’s BDT 4.02 billion.
The gainers took a modest lead over the losers as out of 308 traded issues, 142 closed higher, 137 lower and 29 remained unchanged on the DSE trading floor.
Saif Powertec dominated the top turnover list with shares of BDT 239 million changing hands followed by Titas Gas, IFAD Autos, Beximco Pharma and Quasem Drycells.
Miracle Industries was the day’s best performer, posting a rise of 7.33 percent while Rahim Textile was the day’s worst loser, plunging 26.59 percent.
The port city bourse Chittagong Stock Exchange (CSE) closed flat with its Selective Categories Index – CSCX – gaining 2.90 points to end at 8,350.15.
Losers beat gainers 102 to 90, with 36 issues remaining unchanged on the port city bourse that traded 7.60 million shares and mutual fund units with a value of BDT 239.42 million.